TechFlow reports that MakerDAO has detailed its Endgame plan, announcing upgraded versions of DAI and MKR: NewStable (NST) and NewGovToken (NGT). MakerDAO emphasized that the existing DAI and MKR will remain available unless otherwise decided by governance, and both tokens will stay unchanged in the foreseeable future.
Users can continue holding and using both tokens. DAI will remain available indefinitely. Users may choose to upgrade to NewStable at any time and can opt to switch back to DAI. The exchange ratio is 1 DAI = 1 NewStable.
The ecosystem will explore differentiation between DAI and NewStable in the future, with DAI potentially focusing on crypto-native use cases while NewStable targets mass adoption. MKR will continue to be used for voting on governance proposals. NGT, when introduced, will also be used for voting and can be seamlessly converted back to MKR to ensure flexibility. The exchange ratio is 1 MKR = 24,000 NewGovToken.
MakerDAO emphasized that upgrading to NewStable and NewGovToken is optional.
